MedPAC report finds dip in hospital readmissions
Posted on September 20, 2012 | No Comments
In a new analysis by the Medicare Payment Advisory Commission (MedPAC), hospital readmissions for Medicare beneficiaries dipped .7% between 2009 and 2011. This is good news for hospitals which will face readmissions penalties beginning October 1. Starting on October 1, Medicare will lower reimbursement rates for thsoe hospitals that fail to reduce hospital readmission rates related to pneumonia, heart failure, and heart attack. The government’s overarching goal is to reduce readmissions by 20%, which would save the federal government more than $2.5 million per year.